E
Seller's Agent in 2018
Eric Reeves
Howard Hanna Allen Tate Real Estate Blowing Rock
118 Summit Ledges Ln Banner Elk, NC 28604
Estimated Value: $1,173,000 - $1,900,230
4
Beds
4.5
Baths
3,610
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Horse Facilities
- 1.41 Acre Lot
- Wooded Lot
- Banner Elk Elementary School Rated A-
- Mountain View
- Traditional Architecture
About This Home
As of December 2018AUCTION – Seller offering property via online auction. Bid online beginning on Monday, Oct. 22 with a starting bid of $300,000. Open house begins on Friday, Oct. 19 - Sunday, Oct. 21, 2018. Set on an idyllic, park-like 1.4 acres in the highly sought after Elk River Club, this home offers a perfect escape. Entertain on the massive covered deck off of the Great Room. 3 French Doors along one entire wall adds to the indoor/outdoor living this home provides. With an incredible stacked stone fireplace anchoring one end of the room, you and your guests will have a place to warm up on those chilly mountain evenings. In addition, there is a separate Family Room with its own dining area just off of the kitchen, which is surrounded by windows to take in the view. Enjoy a large Master Suite with jetted tub lit by a crystal chandelier. Upstairs find 2 more bedrooms, each with en-suite baths, plus private reading nook. The lower level offers another impressive stacked stone fireplace, living room, bedroom and bath. Agent is not engaging in auctioneering activities. Contact Eric Reeves or Interluxe.com for full terms and conditions of the sale and to schedule an appointment to preview the home.
Last Agent to Sell the Property
Eric Reeves
Howard Hanna Allen Tate Real Estate Blowing Rock Listed on: 09/24/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,997
Year Built
- Built in 1985
Lot Details
- 1.41 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Wooded Lot
- Zoning described as Residential,Subdivision,Other-See Remarks
HOA Fees
- $362 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Traditional Architecture
- Split Level Home
- Wood Frame Construction
- Shake Roof
- Wood Roof
- Cedar
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Stone Fireplace
- Gas Fireplace
- Mountain Views
Kitchen
- Built-In Convection Oven
- Gas Cooktop
- Down Draft Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Secondary Bathroom Jetted Tub
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Covered Patio or Porch
- Gazebo
Schools
- Banner Elk Elementary School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Electric Water Heater
- Private Sewer
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 151
- Assessor Parcel Number 1848-00-14-1356-00000
Community Details
Overview
- Elk River Subdivision
Recreation
- Horse Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2018
Closed on
Dec 14, 2018
Sold by
Nance Elizabeth K and Nance James H
Bought by
Joyner Patrick W and Joyner Heather R
Seller's Agent
Eric Reeves
Howard Hanna Allen Tate Real Estate Blowing Rock
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,207,808
Avg. Annual Appreciation
22.66%
Original Mortgage
$387,000
Outstanding Balance
$301,829
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,305,979
Purchase Details
Closed on
Apr 15, 2011
Sold by
Nance Elizabeth K and Nance James H
Bought by
Nance Elizabeth K and Nance James H
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joyner Patrick W | $430,000 | None Available | |
| Nance Elizabeth K | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Joyner Patrick W | $387,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2018 12/17/18 | Sold | $400,000 | 0.0% | $111 / Sq Ft |
| 11/17/2018 11/17/18 | Pending | -- | -- | -- |
| 09/24/2018 09/24/18 | For Sale | $400,000 | -- | $111 / Sq Ft |
Source: High Country Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,080 | $1,269,900 | $275,000 | $994,900 |
| 2023 | $4,042 | $1,269,900 | $275,000 | $994,900 |
| 2022 | $4,042 | $1,010,600 | $275,000 | $735,600 |
| 2021 | $4,155 | $755,400 | $300,000 | $455,400 |
| 2020 | $4,155 | $755,400 | $300,000 | $455,400 |
| 2019 | $4,155 | $755,400 | $300,000 | $455,400 |
| 2018 | $4,155 | $755,400 | $300,000 | $455,400 |
| 2017 | $4,997 | $908,600 | $0 | $0 |
| 2016 | $4,063 | $908,600 | $0 | $0 |
| 2015 | $4,063 | $908,600 | $300,000 | $608,600 |
| 2012 | -- | $1,176,700 | $400,000 | $776,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
NONMLS MEMBER
N
Buyer's Agent in 2018
NONMLS MEMBER
NONMLS
164 in this area
2,432 Total Sales
Map
Source: High Country Association of REALTORS®
MLS Number: 210529
APN: 1848-00-14-1356-00000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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